UAE Non-Oil Business Activity Surges to Nine-Month High in December

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 The United Arab Emirates' non-oil private sector recorded its fastest expansion in nine months in December 2024, buoyed by strong domestic demand and increased business activity, according to the latest S&P Global Purchasing Managers’ Index (PMI) report. PMI Highlights Robust Growth The seasonally adjusted UAE PMI climbed to 55.4 in December from 54.2 in November, signaling robust growth well above the 50.0 threshold that separates expansion from contraction. This marked the third consecutive monthly increase, underscoring sustained recovery in the non-oil sector. Key drivers of growth included a notable rise in new business activity. The new orders subindex rose sharply to 59.3 in December from 58.0 in the previous month, reflecting strong domestic demand. Challenges Amid the Growth While domestic demand flourished, export growth slowed, with the export orders subindex dropping to a seven-month low. Additionally, businesses faced mounting backlogs due to capacity constraints,...
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UAE Shopping Malls Band Together to Assist Palestinian Families Affected by the Israel-Gaza Conflict

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UAE

Shopping malls in key emirates including as Dubai, Sharjah, Ajman, Fujairah, and Abu Dhabi are now functioning as collection centres for necessary goods and monetary donations in a coordinated effort to support the humanitarian cause. The effort aims to provide much-needed assistance to Palestinians in Gaza who are bearing the brunt of the conflict. 

Donation bins strategically placed throughout the malls accept cash, blankets, canned food, new clothing, and children's items. These priceless goods will directly aid Palestinian families affected by the conflict's devastation and instability.  

Shoppers in Dubai can show their support by visiting the Mall of the Emirates, City Centre Mirdif, City Centre Ma'aisem, City Centre Deira, and City Centre Shindagha. Meanwhile, Sharjah residents can visit City Centre Al Zahia, City

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